3 ms·
> Keeping your company stock for a publicly traded company is silly for both the reason above and for another reason that goes one step beyond it: you didn't ev
by brazzy 13y ago
> Keeping your company stock for a publicly traded company is silly for both the reason above and for another reason that goes one step beyond it: you didn't even pick it!
That's not quite true: you certainly picked which company to work for, and who'd choose to work for a company they don't believe will be successful?
But greeneggs has it right: you don't want to put yourself into a situation where you lose both your job and your biggest investment tanks.
- venomsnake 13y ago>and who'd choose to work for a company they don't believe will be successful? Majority of yahoo employees since 2004-ish? Or Blackberry after 2009?
- simonw 13y agoThere are plenty of reasons to work for a company that you don't personally think will be successful: 1. You believe in their mission (e.g working for a newspaper even though that industry is in real trouble) 2. You have constraints around when and where you can work - limited to a certain town, need part-time work 3. They offer a high salary for your specific skills - sure, they might be out of business in a few years but you can make good money for the moment